Nicholas Pope
Nicholas Pope is a CFP-designated registered investment advisor at Washington Avenue Advisors, based in Lansing, MI, with 24 years of industry experience. Nicholas operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Business Owners, High Net Worth, Investment Management, Retirement Planning. Their firm serves 686 clients with $290M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Washington Avenue Advisors' (WAA) investment advisory fees are based on a percentage of the assets they manage for you. The exact percentage depends on the size of your portfolio, and the rate decreases as your portfolio grows. Here are the ranges:
- $0 - $500,000: 1.00% to 1.5%
- $500,001 - $2,000,000: 0.63% to 0.98%
- $2,000,001 - $3,000,000: 0.52% to 0.87%
- $3,000,001 - $4,000,000: 0.41% to 0.76%
- $4,000,001 - $5,000,000: 0.26% to 0.61%
- $5,000,001 and above: 0.11% to 0.36%
WAA may recommend independent portfolio managers and certain fee-based variable annuities for the management of certain client assets. Clients who decide to participate in these third-party advisor separately managed accounts (SMAs) and fee-based variable annuities may incur a fee for these services in addition to the advisory fee paid to WAA.
Location
1146 South Washington Avenue, Lansing, MI, 48910
Get directionsHistory
Regulatory History (1)
Civil
March 2013Other Business ActivitiesSells Insurance
Nicholas sells individual and group health insurance, fixed life insurance, fixed annuities, disability, and long-term care insurance through various carriers since 2014. He also has several real estate investments, is a board member for multiple organizations, and owns Blue Owl Coffee, LLC.
Employment History
Current Registrations
Washington Avenue Advisors
Previous Registrations
Principal Securities, INC.
Principal Securities, INC.Broker
Securian Financial Services, INC.
Securian Financial Services, INC.Broker
State Registrations10 states
You can work with an advisor not registered in your state. Most advisors can legally serve a small number of clients across state lines without registering.